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RR No. 9-2008: Prescribes the manner of computing the basis of the 15% share of the beneficiary provinces in the Excise Tax collection from locally manufactured Virginia-type cigarettes

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Summary

RR No. 9-2008 prescribes how to compute the basis of the 15% share of beneficiary provinces in Excise Tax collected from locally manufactured Virginia-type cigarettes under RA No. 7171.

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Key points

  1. Basis of the 15% share. The share is computed on the actual Excise Taxes collected annually from locally manufactured Virginia-type cigarettes.
  2. Certifications. The computation applies to the BIR Certifications on Excise Taxes collected from locally manufactured Virginia-type cigarettes, beginning calendar year 2008.

Who is affected

  • Beneficiary provinces under RA No. 7171 (Virginia tobacco-producing provinces)

Deadlines and effectivity

  • Applies to Certifications beginning calendar year 2008

Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.

Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.